Blum at a glance
- Population: roughly 406 people; 1,033rd of 1,224 places in Texas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 382 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: population rose about 6.3% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Texas places: 1,033rd by size among 1,224 communities (US Census Bureau).
- Size percentile: ahead of around 16% of Texas places in population terms (US Census Bureau).
- Coordinates: it sits at 32.1420, -97.3971 in the US Census Bureau Gazetteer.
- Nearest larger cities: Rio Vista, TX (7 mi); Whitney, TX (14 mi); Itasca, TX (15 mi); Cleburne, TX (15 mi); Morgan, TX (15 mi); US Census Bureau population estimates.
- Smaller towns nearby: Covington, TX (8 mi); Coyote Flats, TX (16 mi); Carl's Corner, TX (21 mi) (US Census Bureau).
What a personal loan costs in Blum
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Texas lending rules that apply in Blum
The sourced rows below are the rules a licensed lender must follow when lending in Texas, and therefore in Blum.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 10% per year maximum; a greater rate is usurious unless otherwise provided by law (Tex. Fin. Code § 302.001) Source says: The maximum rate or amount of interest is 10 percent a year except as otherwise provided by law. | Texas Legislature (Texas Constitution and Statutes) as of 2026-09-16 |
| Payday lending status | Legal via licensed credit access businesses (payday/title-loan brokers); the third-party lender itself is not licensed (Tex. Fin. Code ch. 393) Source says: the credit access business that serves as the broker is the licensee in this regulated industry | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| Small-loan / installment lender licensing | License required for non-depository lenders charging more than 10% interest; Chapter 342 governs consumer loans (Tex. Fin. Code § 342.051) Source says: Non-depository lenders who engage in making, transacting, or collecting loans with a rate of interest greater than 10% must be licensed by the OCCC. | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| State lending regulator | Texas Office of Consumer Credit Commissioner (OCCC) Source says: The OCCC licenses and regulates non-depository lenders in the state of Texas. | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
How to compare offers in Blum
A few practical steps will make the process in Blum less costly:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Texas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.